From Harmless Sideshow to Global Threat
In the beginning, Bitcoin was a harmless sideshow for computer geeks, drug dealers, and hardcore libertarians. Fourteen years later, it’s a threat to the global financial system. You may not see it that way. Most people don’t. Most see Bitcoin, worth nearly $400 billion, as just a silly fake internet money that people buy with…
Brandan Furnace1 Winning Strategy: Don’t Trade. Invest!
Here’s the 3-1-Q. 3 insights, 1 word for you to ponder and 1 question for you to jump-start your week. 3 Insights… No. 1: “How College Broke the American Dream” Will Bunch’s latest book … After the Ivory Tower Falls: How College Broke the American Dream and Blew Up Our Politics ― and How to…
Like a Phoenix From The Ashes
Hey Kings, What I do is probably simpler than any other trading strategy in this space. If you didn’t already know, I watch unusual order flow from Wall Street elites, hedge funds, and institutions… And I mimic their positions. If they invest six digits or more in a specific option contract, I take the same…
A Dance With Delta
Hello Loyal Reader, Last week we talked about using delta to decide which option to buy. Delta tells us how “fast” an option will move relative to the underlying stock. This week, I want to continue the conversation — but this time, we’re talking about “delta per dollar.” Basically, this lets us see how much…
What Will the Student Loan Debt Wipeout Really Cost?
On Wednesday, President Biden tackled student loan debt… The pause on federal student loan repayment is being extended through the end of the year. And the administration’s new plan would forgive $10,000 for borrowers making under $125,000 a year … and up to $20,000 for Pell Grant recipients. But no matter what the plan is…
These Losing Stocks Will Keep Losing
This week, we looked at the likelihood of a recession. But in the process, we uncovered an even larger threat looming on the horizon… Stagflation. Stagflation hasn’t happened since the 1970s. During that time, inflation soared over 13% while unemployment reached almost 11%. This combination of high inflation and slow economic growth was devastating for…
I Went Through This Investing Pain So You Don’t Have To
Could’ve. Would’ve. Should’ve. Looking backward will eat your heart out — especially when investing. In today’s Real Talk Video, I share one time when I left hundreds of thousands of dollars on the table. Boy, it was painful. But what my mentor told me afterward changed my whole outlook. And it can help you have…
These Trades Paid for a European Vacation!
Hey Kings, All good things come to an end… Sorry to say, the red-hot win streak of my Weekly Watchlist and free trade recommendation came to an end this week. I’ll dive into those details in a bit, but I wanted to open with the bad news because the rest of this letter is all…
The Secret About Bear Markets
Shelby Cullom Davis started investing in 1947 with $50,000 when he was 38 years old. He worked for the New York state agency that regulated insurance companies. And he noticed that Mr. Market wasn’t accurately pricing insurance company stocks. Because of accounting rules, the stock prices were trading way below the underlying worth of the…
Pigs to Matchsticks: Inflation Then and Now
In 1940, 100 yuan bought you a pig. In 1943, a chicken. In 1945, a fish. In 1946, an egg. In 1947, one-third of a box of matches. This was the story of an everyday person living in war-torn communist China. In just seven years, even as the Chinese economy grew, wealth was evaporated by…